Arbeitspapier

Micro-evidence on rent sharing from different perspectives

to connected objects

This article provides evidence of rent sharing from orthogonal directions by exploiting different dimensions in the same data. Taking advantage of a rich matched employer-employee dataset for France over the period 1984-2001, we consistently compare across-industry heterogeneity in rent-sharing parameters derived from three different approaches. The accounting approach and the standard labor economics approach are compatible with distinct labor bargaining settings (right-to-manage, efficient bargaining, labor hoarding) whereas the productivity approach hinges on the assumption of efficient bargaining. Across the different approaches, we evidently find differences in dispersion of the rent-sharing parameter estimates which could be attributable to differences in modeling assumptions and/or data requirements but these estimates lie within a comparable range. We interpret the latter finding as lending empirical support to efficient bargaining as the nature of the bargaining process in France over the considered period.

Language: Englisch

Bibliographic citation: Series: IZA Discussion Papers ; No. 4871

Classification: Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Firm Behavior: Theory
Wage Level and Structure; Wage Differentials
Trade Unions: Objectives, Structure, and Effects

Subject: Rent sharing
wage equation
production function
matched employer-employee data
Lohnverhandlungen
Lohnstruktur
Produktionsfunktion
Panel
Frankreich

Event: Geistige Schöpfung

(who): Dobbelaere, Sabien
Mairesse, Jacques

Event: Veröffentlichung

(who): Institute for the Study of Labor (IZA)

(where): Bonn

(when): 2010

Handle: http://hdl.handle.net/10419/36769

Last update: 10.03.2025, 11:42 AM CET

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Object type

Arbeitspapier

Associated

Dobbelaere, Sabien
Mairesse, Jacques
Institute for the Study of Labor (IZA)

Time of origin

2010

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